Homeownership Assistance

Intention of Program

Owning a home is part of the American Dream. The Grants and Community Development team can assist those trying to achieve homeowner status with the application of CDBG funding. One of our primary goals is to help expand home ownership opportunities to our low and moderate income citizens.

Qualifications

Must be a first time home buyer

Home must be a single family detached dwelling

Home must be purchased within the city limits of Jonesboro

Home cannot be located within flood zone

Property must meet HUD Minimum Housing Quality Standards

Household must meet Federal Income Guidelines

Grant assistance for closing cost/down payment “out of pocket expense” of the buyer paid directly to the title company

Applicant must complete Homebuyer Education Course with HUD approved counseling service (the nearest service currently available in Blytheville)